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GM News, New Models and Market Share

8676 messages,  Last post on Dec 08, 2009 at 12:03 PM

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#3855 of 8676
Re: GM Spending at Daytona [210delray] by wvgasguy
Jan 28, 2009 (7:01 pm)
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Replying to: 210delray (Jan 28, 2009 6:22 pm)

The Chevy Monza V8 (if you can imagine such an incongruity today -- a subcompact with a V8)
 
That brings back memories. My brother wore out the front tires on one of those in 5000 miles
#3856 of 8676
Re: GM Spending at Daytona [bpizzuti] by dave8697
Jan 28, 2009 (7:05 pm)
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Replying to: bpizzuti (Jan 28, 2009 3:37 pm)

wires? wires? how many? 3? 4? It took 2 minutes to catch a lie in putting down GM today.
#3857 of 8676
One nav for 5 cars by dave8697
Jan 28, 2009 (7:06 pm)
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yet still only a wire
#3858 of 8676
Re: GM job banks [210delray] by dave8697
Jan 28, 2009 (7:10 pm)
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Replying to: 210delray (Jan 28, 2009 6:18 pm)

they are getting cut from 85% down to 72% of full pay. Not sure what happens when unemployment runs out. I wonder if this will disturb the mindset that when on layoff from GM, no need to write a resume, read the classifieds, no need to worry, maybe no need to ever work again?
#3859 of 8676
Re: GM Spending at Daytona [210delray] by fezo
Jan 28, 2009 (7:26 pm)
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Replying to: 210delray (Jan 28, 2009 6:22 pm)

Yep. That was the one. They made it as pretty much every GM nameplate except Cadillac to boot. My friend had the Oldsmobile version but thankfully not with the V8.
 
I remember having a rental Corsica. It was OK for what it was but I only had to live with it for a week. It was fast enough. I managed to get a ticket in that week...
 
To give a fair evaluation the 97 Malibu was a clear improvemnt over that Corsica.
#3860 of 8676
Re: GM Spending at Daytona [dave8697] by tlong
Jan 28, 2009 (11:39 pm)
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Replying to: dave8697 (Jan 28, 2009 7:05 pm)

wires? wires? how many? 3? 4? It took 2 minutes to catch a lie in putting down GM today.
 
Not sure of your point. Malibu, an otherwise pretty good car, doesn't offer built-in NAV like just about every other car in the segment. Add-ons have wires. GM should have offered this as an option. My Mazda 5 offers it. The Honda Fit offers it. Why not GM on one of their best cars?
#3861 of 8676
Re: GM Spending at Daytona [dave8697] by bpizzuti
Jan 29, 2009 (3:12 am)
Reply

Replying to: dave8697 (Jan 28, 2009 7:05 pm)

wires? wires? how many? 3? 4?
 
2 or 3. Power, audio, and optionally traffic update antenna. Otherwise you're running off of internal battery and using the internal speaker, rather than running on engine power and going through the speakers in the car.
 
The question remains, why did GM choose to not offer an in-dash nav option? They're leaving sales on the table that way.
#3862 of 8676
Re: GM Spending at Daytona [bpizzuti] by scwmcan
Jan 29, 2009 (4:02 am)
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Replying to: bpizzuti (Jan 29, 2009 3:12 am)

I know it's offered in all these cars but I wonder how many are actually sold with the Nav since it generally comes on the most loaded version (this isn't to say that it should not be offered on the Malibu just wondering), maybe the sales of the nav versions aren't enough to justify making the dashboard able to fit the nav units? .
#3863 of 8676
Re: GM job banks [210delray] by 62vetteefp
Jan 29, 2009 (5:03 am)
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Replying to: 210delray (Jan 28, 2009 6:18 pm)

I'm a little confused: GM's ending the jobs bank, but the workers on layoff will still get some company pay? More smoke and mirrors?
 
With Job Banks GM paid about 95% of the income to the job banked person for 2 years. This was an agreement years ago to allow GM/Ford/Chrysler, by the UAW, to put more automation in the assembly plants until they could be put back to work. However sales dropped for GM (and Ford/Chrysler) and they still had many in the job banks. Recently that 95% pay has dropped to around 85%. And the number in the job banks has fallen to 1600 people. (less than one plants worth)
 
Now the laid off employee gets state unemployment insurance and something called sub pay from the manufacturer to supplement the unemployment insurance. This sub pay is temporary and I am not sure how long it last. OK it is 48 weeks. This sub pay was put in place because of the way this industry used to work. There were often temporary shut downs for changeovers, etc. that could last months at a time.
 
When 48 weeks of unemployment and SUB pay are exhausted, the workers will move into GM’s Jobs Bank and return to full pay for a maximum of two years.
 
While in the Jobs Bank, workers must accept job transfers to other GM facilities or be cut completely from the automaker’s wage and benefits programs.
 
 About 1,600 workers will now be classified as laid off and must apply for state and federal unemployment benefits. Workers will receive some GM-subsidized payments along with their unemployment benefits, which means they will continue to earn about 72% of their pay.
 
GM is also in talks with the United Auto Workers to end its "sub pay" contributions, GM spokesman Tony Sapienza said.
 

a little explanation.
 
The SUB Plan is a benefit provided in the collective bargaining agreement between Ford and the UAW. As its name implies, the SUB Plan offers eligible laid off workers extra unemployment benefits during temporary production downturns, to supplement state or federal unemployment benefits. SUB Plans were created in the UAW's 1955 collective bargaining agreement with Ford, General Motors, and Chrysler. The Ford SUB Fund is funded solely by contributions from Ford based on a formula set forth in the Plan.
10
 
Employees accumulate credit units based upon actual weeks worked up to a maximum of 52 credits. When employees are laid off, they surrender credit units to receive SUB benefits. The number of credit units required to obtain a benefit for any given week is a function of the level of the Fund, the credit unit cancellation base and the employees' seniority. As the SUB Fund level and the credit unit cancellation base decrease, less senior employees surrender more credit units than more senior employees. If the credit unit cancellation base drops below a level set forth in the Plan, employees with less than 10 years' seniority are not entitled to any SUB benefits.
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An employee has no unqualified right to receive SUB benefits; the SUB Plan expressly states that "No person shall have any right, title or interest in or to any of the assets of the Fund...." Nevertheless, to the extent that funds are available, an eligible laid off employee is entitled to receive--and Ford is obligated to pay--SUB benefits.
#3864 of 8676
Re: GM Spending at Daytona [scwmcan] by 62vetteefp
Jan 29, 2009 (5:13 am)
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Replying to: scwmcan (Jan 29, 2009 4:02 am)

Now this is data from 4 years ago but I spent a day visiting Toyota and Honda dealers looking for Camry's/Accords with Navigation in stock. Not one dealer had one. They all said it was too expensive of an option and no one wanted it. Now that may be different today but I would not doubt that there are not many takers.
 
But I do have one in my Enclave and I love it. Would probably not buy another vehicle w/o it. Also the new Lacrosse, which is on the same EPS architecture (updated) does have nav available.
 
I just tried to build a Camry and I had to get the SE or XLE to have nav available and it was $3500 with the JBL system forced with it. With an XLE the same packager was $2900. If I got the V6 with the XLE it was $2800. Seems pretty expensive.

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